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Vinty

Vinty

Closed: Jun. 2019

About this raise

Vinty, a premier classic car rental service, is raising funds on SeedInvest. The company has a pre-money valuation of $3 million and offers unique and vintage cars for rentals for professional and life events. Vinty provides a self-service platform for the users and takes a commission on platform transactions. The company was founded by Pierre Lapointe, Thomas Poulain, and Thomas Dubois in 2016. The proceeds of the current crowdfunding round, with a round size of $750,000, will be used for marketing, product development, geographical expansion, and operations. Vinty has already established itself with revenues of $470,000 in 2018, up 99% compared to 2017, and has more than 4,000 registered users, 1,500 classic automobiles listed, and over 1,000 rental deals.

Investment Overview

Not Funded:
$0 - RegCF
$293,500 - Total

Deal Terms

Total Commitments

Platform
SeedInvest
Start Date
05/07/2019
Close Date
06/28/2019
Min. Goal
$25,000
Max Goal
$750,000
Min. Investment

$1,000

Security Type

Equity - Preferred

Company Stage

Early Stage

SEC Filing Type

RegCF / RegD 506(c)    

Price Per Share

$0.26

Pre-Money Valuation

$30,000,000

Funding data not publicly available

Financials

 Revenue
$0
as of FY18
 Cash on Hand
$64.4K
as of FY18
View Detailed Financials

Summary Profit and Loss Statement

FY 2018 FY 2017

Revenue

$471,382

$236,627

COGS

$236,627

$146,150

Tax

$2,090

$0

 

 

Net Income

$-52,072

$18,448

Summary Balance Sheet

FY 2018 FY 2017

Cash

$64,350

$56,743

Accounts Receivable

$6,665

$7,607

Total Assets

$15,331

$64,350

Short-Term Debt

$5,920

$2,867

Long-Term Debt

$0

$0

Total Liabilities

$5,920

$2,867
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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/28/2019 SeedInvest $30,000,000 $293,500 Equity - Preferred Not Funded RegCF / RegD 506(c)
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